Author: InvestAdvocate

COP29: Circular Economy Investments Deliver Social, Economic and Environmental Benefits

November 20, 2024/EBRD By Rezo Bitsadze Image Credit: EBRD Countries and businesses are seeking to reduce their resource footprint to cut costs, derisk supply chains and reduce waste, according to a new report on the circular economy Multilateral Development Banks (MDBs) are working to advance the circular economy, using a wide […]

MTN Nigeria Communications Plc 9M-24: We Affirm our Recommendation

November 20, 2024/Cordros Report MTNN’s numbers showed a return to profitability in Q3-24 standalone, highlighting the impact of the successful renegotiation of tower leases with IHS, which resulted in cost savings with a modest impact on EBITDA and earnings. Specifically, EBITDA margin though still weaker y/y, improved from the multi […]

NGXASI Advance +0.23%, Buoyed by Blue Chips

November 19, 2024/InvestmentOne Report The NGXASI advanced today by 0.23% to close at 97,972.33pts, as the bullish sentiment seen in WAPCO (+10.00%), MTNN (+1.18%) and GTCO (+1.17%) drove the local bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market was positive today as yields had declined […]